Individuals are increasingly “international” today – especially wealthy ones. More and more clients work or study abroad, own property in more than one country, find their spouses abroad and qualify as citizens or residents of multiple nations. All of this can subject clients to the competing property,...
A Tax Primer on Real Estate Investment Trusts
More than $375 billion are invested in approximately 180 publicly traded real estate investment trusts (or REITs). In addition, billions more are invested in privately held REITs. This OnDemand webinar will provide an introductory summary of the tax requirements REITs face in their formation and ongoing...
Current Issues in Revocable Living Trusts
Revocable living trusts are a foundation of many estate plans. The use of a revocable living trust generally provides for a confidential distribution of family wealth without required court interference and also allows for assets to avoid probate in most jurisdictions. Using a revocable living trust...
Estate and Gift Tax Audits
The first question the executor asks when the estate tax return is selected for audit is “why this return?”. What was it about the return that caused it to be selected for IRS examination?
This OnDemand webinar answers that question and many more related to the subject of estate and gift tax return...
Estate Planning for Vacation Homes
Summer and holiday gatherings at the family vacation home have become important traditions for many families. Providing a place where family members can relax, reconnect and escape the busy pace of life is increasingly significant to many families. Parents want to perpetuate these cherished memories...
Estate Planning Opportunities in an Uncertain Environment
Motivate the reluctant client; freeze the estate value to reduce the estate tax load. How many of us have clients waiting on the sidelines to decide what to do after experiencing 2008? The uncertain times and uncertain market have actually created the perfect time to use some of the advanced planning...
Family Limited Partnerships in Estate Planning
Many estate planners who are asked about family limited partnerships or family limited liability companies do not understand the reasons for forming these entities in the planning process. They also are not clear on what is the current status of statutory and case law concerning the continued use of...
FASB Codification: Are You Ready?
The official launch of the FASB Codification begins on July 1, 2009, on that date the Codification becomes the official single source of authoritative nongovernmental U.S. GAAP. The Codification will be effective for interim and annual periods ending after September 15, 2009. The codification will...
FASB Codification: Are You Ready?
The official launch of the FASB Codification begins on July 1, 2009, on that date the codification becomes the official single source of authoritative nongovernmental U.S. GAAP. The codification will be effective for interim and annual periods ending after September 15, 2009. The codification will...
Form 706: Estate Tax Return Fundamentals
Americans have been able to accumulate wealth. It is estimated more than $10 trillion dollars in wealth will be transferred over the next 15 years. If a person has been fortunate to amass significant wealth, the government imposes a tax when the person transfers their wealth at death. In 2009, if a...
